Bitcoin ETFs Surpass $40.33 Billion Inflows Despite $5 Billion Outflows

Bitcoin Spot ETFs have achieved a significant milestone, surpassing their previous inflows record with a total of $40.33 billion, despite experiencing over $5 billion in outflows during the last two months. This accomplishment is particularly noteworthy given the climate of Extreme Fear that has permeated the crypto markets recently. The resilience demonstrated by the market in reclaiming this record so quickly is a testament to the enduring appeal and stability of Bitcoin ETFs.

Since their launch in 2024, Bitcoin ETFs have revolutionized the crypto industry. Analysts have hailed BlackRock’s IBIT as "the greatest launch in ETF history," underscoring their substantial market appeal. The latest data reflects another encouraging victory for Bitcoin ETFs, as their inflows have surpassed an all-time record set in February. This achievement is even more impressive considering the market saw a massive reversal shortly after Bitcoin Spot ETFs surpassed $40 billion in inflows, with over $5 billion in outflows erasing all the gains in 2025. This led issuers to partially offload their BTC reserves, raising concerns about broader market troubles.

These losses were primarily driven by fears of a recession and the threat of tariffs. However, a recovery began in late April, and despite the rebound in Bitcoin ETFs, inflows fell to a 2025 low. ETF analyst Eric Balchunas highlighted the significance of this metric, noting that it is very difficult to fake and reflects the pure truth of market sentiment. He attributed the sharp turnaround to the crypto community’s "diamond hands" mentality, which remained steadfast even at the height of the tariff panic when markets were in Extreme Fear, the lowest level of investor confidence since the FTX collapse.

Two months later, Bitcoin ETFs are once again enjoying consistent inflows. This inflow record, while noteworthy, does not guarantee that everything will remain sunny for BTC ETFs. Bitcoin recently reclaimed $100,000, sparking a surge in inflows for this market, but a few bearish signs linger in options trading. For now, however, the ETFs’ successes have been explosive, and Bitcoin has seen increasing TradFi liquidity in recent weeks. This accomplishment underscores the resilience and enduring appeal of Bitcoin ETFs, even in the face of market volatility and uncertainty.